Tag: Portside RB2

India: Elevated S.African RB2 portside prices dent buying appetite of sponge iron plants

Jun 11, 2021

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by

Rituparna Ghosh

in Non Coking

Portside prices of the RB2 5,500 NAR grade coal continued to remain elevated this week following a rise in imported South African coal prices. However, weak demand from sponge iron manufacturers due to power cuts in Raigarh, Chhattisgarh and plants’ shut down in Rourkela region due to Covid restrictions capped any dramatic rise in RB2…